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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Financial Institutions Supervisory Authority (NAMFISA)

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Namibia

NAMFISA Reports N$1.24 Billion in Medical Aid Claims for Q1 2024

NAMFISA reveals that medical aid funds disbursed N$1.24 billion in claims during the first quarter of 2024, reflecting a 12% increase from the previous quarter but a 2.5% decrease year-on-year. Non-healthcare expenses decreased by 2.8% from the previous quarter but rose 3.7% annually, with administration costs remaining the highest contributor. The industry’s total assets grew by 4.1% quarter-on-quarter and 8.6% year-on-year to N$2.2 billion, while liabilities fell by 4.1% from […]

todayAugust 30, 2024 18

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Namibia

Shivute encourages consumers to know their rights

The Oshikoto regional council chairperson, Samuel Shivute, is encouraging people to know their rights and stop taking unaffordable debt that can result in them experiencing financial distress. Shivute said at the Oshikoto regional consumer credit bill consultations held at Omuthiya on Thursday that many people find themselves burdened by expensive loans and insurance over the years due to a lack of information on how loans and insurance work. He further […]

todayDecember 8, 2023 10

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